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Financial Inclusion Strategy (FIS) Peer Learning Group
AFI’s Financial Inclusion Strategy (FIS) Peer Learning Group promotes the development and implementation of national financial inclusion strategies. The group provides practical support to countries that have made commitments under the Maya Declaration and to the G20 through its Financial Inclusion Peer Learning Program.
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OBJECTIVES
The FIS PLG has the following key objectives: > Facilitate peer learning on the different approaches to strategy development and implementation across the network > Provide a platform for peer reviews of draft strategies and action plans > Develop joint guidance on aspects of national strategy formulation and implementation > Support the capacity of members to develop and implement financial inclusion strategies, including through connections to expert stakeholders.
FIS PLG ACTIVITIES Subgroups’ Activities
Effective Stakeholders Coordination Mechanism Subgroup: published a Survey Report on National Coordination and Leadership Structure in July 2017. The subgroup will be conducting further desk research to identify the issues and challenges of coordinating an NFIS effectively. The first draft of the report will be submitted to AFI in the first quarter of 2018.
Communication Strategies for NFIS Subgroup: translate the 2016 NFIS Toolkit into French, as requested by members from Francophone African countries, and prepare a guideline note on the preparation of a communication strategy (NFIS, key challenges and critical areas for communication). Both documents will be ready by December 2018.
SDGs and Socially Responsible Financing (SRF) Subgroup: scoping study to produce a booklet on country experiences that aims to improve understanding of SRF and highlight the connection between the SDGs and SRF. The document will be released by September 2018.
HIGHLIGHTS
59 MEMBER COUNTRIES
59 MEMBER INSTITUTIONS
6KNOWLEDGE PRODUCTS
71 MAYA DECLARATION TARGETS
ACTIVITIES
2017
TOTAL* Policy changes
22
54 Peer reviews
2
17
*Refers to the total Policy Changes and Peer Reviews per thematic area since 2009
DELIVERABLES
Bank on her:
Diamond Bank enhances opportunities for Nigeria’s low-income women to save August 2017
FIS Survey Report:
National Coordination and Leadership Structure July 2017
Women’s Financial Inclusion in the Solomon Islands
August 2017
Guideline Note 28:
Defining Financial Inclusion July 2017
Women financing:
A case study on LAPO Microfinance Bank Limited August 2017
Guideline Note 27:
Integrating Gender and Women’s Financial Inclusion into National Strategies February 2017
Joint Subgroup with FID WG: research that captures the experiences and lessons of developing monitoring and evaluation frameworks for NFIS. A guideline note will be published by early 2018. Gender Subgroup: published a guideline note in February 2017 on “Integrating Gender and Women’s Financial Inclusion into National Strategies”.
LEADERSHIP TEAM
A B C
MR. JOSEPH ATTAH - Chair Head FI Strategy Coordination Central Bank of Nigeria A
In his current position as the Head of the Financial Inclusion Strategy Coordination Office of the Financial Inclusion Secretariat of Central Bank of Nigeria, Mr. Attah handles collaborations with stakeholders such as banks, financial services regulators, governments and microfinance banks/ institutions. Mr. Attah has been a member of the FIS PLG since the Central Bank of Nigeria hosted its first meeting in 2012 and was elected co-chair at its 6th meeting in 2015.
MS. NANGI MASSAWE - Co-Chair Principal Bank Officer, Bank of Tanzania B
Ms. Nangi Massawe from the Bank of Tanzania is a member and current Co-Chair of FIS PLG since 2016. Her insights and expertise were particularly instrumental in the process of developing the guideline note on Defining Financial Inclusion published in 2017.
MS. NOMCEBO HADEBE - Co-Chair Principal Economist/ Finance officer, Ministry of Finance of Swaziland C
Having joined the Ministry of Finance Swaziland in 2007, Ms. Hadeba is now Principal Finance Officer in the Fiscal and Monetary Affairs Section of the Ministry of Finance Swaziland. Her main responsibility is to head financial policy development under the stewardship of the Director of Fiscal and Monetary Affairs. Ms Hadebe is keen on developing policies that will impact the livelihoods of the underserved in Swaziland. She was elected co-chair of the FIS PLG in 2016.
FIS PLG GROUP MEETINGS
2012
1st Abuja, Nigeria
2013
2014
2015
2016
2017
2nd 3rd
4th 5th
6th 7th
8th 9th
10th Bangkok, Thailand Kuala Lumpur, Malaysia
Nadi, Fiji Port of Spain, Trinidad and Tobago
Kuala Lumpur, Malaysia Maputo, Mozambique
Casablanca,Morocco Port of Spain, Trinidad and Tobago
Dushanbe, Tajikistan April 2017
The 10th Financial Inclusion Strategy (FIS) Peer Learning Group Meeting was organized by the Alliance for Financial Inclusion (AFI) and co-hosted by the Central Bank of Tajikistan, jointly with the 15th Financial Inclusion Data (FID) Working Group Meeting.
16th
Sharm El Sheikh, Egypt September 2017
The 11th Financial Inclusion Strategy (FIS) Peer Learning Group Meeting was organized by the Alliance for Financial Inclusion (AFI) and co-hosted by the Central Bank of Egypt, in conjunction with the 9th Global Policy Forum (GPF).
MEMBERS
> Da Afghanistan Bank > Banco Nacional de Angola > Banco Central de la República Argentina > Central Bank of Armenia > Bangladesh Bank > Microcredit Regulatory Authority of Bangladesh > Ministry of Finance Bangladesh > National Bank of the Republic of Belarus > Royal Monetary Authority of Bhutan > Banque de la République du Burundi > National Bank of Cambodia > Superintendencia General de Entidades Financieras de
Costa Rica > Ministère de l’Economie et des Finances de la Côte d’Ivoire > Banque Centrale du Congo > Central Bank of Egypt > Banco Central de Reserva de El Salvador > Reserve Bank of Fiji > Superintendencia de Bancos de Guatemala > Banque de la République d’Haiti > Central Bank of Jordan > Central Bank of Lesotho > Direction Générale du Trésor, Ministère des Finances et du Budget, Madagascar > Bank Negara Malaysia > Comisión Nacional Bancaria y de Valores (CNBV) Financial Regulatory Commission of Mongolia Bank Al-Maghrib Banco de Moçambique Nepal Rastra Bank Central Bank of Nigeria Palestine Monetary Authority Bank of Papua New Guinea Bangko Sentral ng Pilipinas Central Bank of Samoa Banco Central de São Tomé e Príncipe Ministère de l’Economie, des Finances et du Plan du Sénégal Bank of Sierra Leone Central Bank of Solomon Islands Central Bank of Sudan Central Bank of Swaziland Ministry of Finance of Swaziland National Bank of Tajikistan Bank of Tanzania National Reserve Bank of Tonga Bank of Uganda Reserve Bank of Vanuatu Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) Bank of Zambia Reserve Bank of Zimbabwe
